This is beyond delusional, to paraphrase this argument:
Qantas international is hugely profitable, and there is a queue of foreigners desperate to buy it, but they can't because of the Qantas Sale Act. So management want to shift it all offshore so then it isn't covered by the act and it can be sold.
Bollocks QAN_shareholder.
Where does he say Qantas International is hugely profitable? I think he says they shift profit around.
Where does he say there is a list of foreigners desperate to buy? I think he says the reason they shift profit around is to bypass the Act, enabling the pursuit of short term gains by "pumping and dumping" segments of the business.
I'll agree with you on one thing, QF domestic and FF, is where the real money ends up. But both rely significantly on QF international. J* aint worth $hit.